The estimated Net Worth of John C Wobensmith is at least $12.1 Milion dollars as of 21 February 2024. Mr. Wobensmith owns over 71,320 units of Genco Shipping & Trading stock worth over $8,554,918 and over the last 16 years he sold GNK stock worth over $1,150,225. In addition, he makes $2,383,480 as President, Chief Executive Officer a Secretary at Genco Shipping & Trading.
John has made over 22 trades of the Genco Shipping & Trading stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 71,320 units of GNK stock worth $1,214,580 on 21 February 2024.
The largest trade he's ever made was exercising 167,313 units of Genco Shipping & Trading stock on 23 May 2022 worth over $1,713,285. On average, John trades about 25,393 units every 115 days since 2008. As of 21 February 2024 he still owns at least 502,344 units of Genco Shipping & Trading stock.
You can see the complete history of Mr. Wobensmith stock trades at the bottom of the page.
John C. Wobensmith serves as President, Chief Executive Officer, Secretary of the Company. He has served as our Chief Executive Officer since March 23, 2017 and our President since December 19, 2014. From April 2005 until his appointment as President, he served as our Chief Financial Officer and Principal Accounting Officer. From 2010 until Baltic Trading’s merger with our Company on July 17, 2015, Mr. Wobensmith served as President, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of Baltic Trading. He was given the additional title of Chief Executive Officer of Genco on March 23, 2017. He also served as a director of Ultrapetrol (Bahamas) Limited, a marine transportation company, from 2016 to 2017. Mr. Wobensmith has over 20 years of experience in the shipping industry. Before becoming our Chief Financial Officer, Mr. Wobensmith served as a Senior Vice President with American Marine Advisors, Inc., an investment bank focused on the shipping industry. While at American Marine Advisors, Inc., Mr. Wobensmith was involved in mergers and acquisitions, equity fund management, debt placement and equity placement in the shipping industry. From 1993 through 2000, he worked in the international maritime lending group of The First National Bank of Maryland, serving as a Vice President from 1998. Mr. Wobensmith has a bachelor’s degree in economics from St. Mary’s College of Maryland. He also was appointed by the Governor of Maryland and currently serves on the Board of Trustees and as Treasurer of the Board at St. Mary’s College of Maryland. Mr. Wobensmith holds the Chartered Financial Analyst designation.
As the President, Chief Executive Officer a Secretary of Genco Shipping & Trading, the total compensation of John Wobensmith at Genco Shipping & Trading is $2,383,480. There are no executives at Genco Shipping & Trading getting paid more.
John Wobensmith is 49, he's been the President, Chief Executive Officer a Secretary of Genco Shipping & Trading since 2017. There are 7 older and 8 younger executives at Genco Shipping & Trading. The oldest executive at Genco Shipping & Trading Limited is Basil Mavroleon, 72, who is the Independent Director.
John's mailing address filed with the SEC is C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK, NY, 10171.
Over the last 18 years, insiders at Genco Shipping & Trading have traded over $172,958,141 worth of Genco Shipping & Trading stock and bought 8,064,682 units worth $78,813,359 . The most active insiders traders include Value Partners, Llcsvp Spec..., Management Holdings Gp, Llc... a Stephen A Kaplan. On average, Genco Shipping & Trading executives and independent directors trade stock every 48 days with the average trade being worth of $4,601,063. The most recent stock trade was executed by Arthur L Regan on 13 May 2024, trading 1,400 units of GNK stock currently worth $32,004.
genco shipping & trading limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. the company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. it charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. as of february 25, 2020, the company's fleet consisted of 17 capesize, 1 panamax, 6 ultramax, 20 supramax, and 10 handysize vessels with an aggregate capacity of approximately 4,914,000 deadweight tons. genco shipping & trading limited was founded in 2004 and is headquartered in new york, new york.
Genco Shipping & Trading executives and other stock owners filed with the SEC include: